Patriot1208 wrote:DoubleChecks wrote:Patriot1208 wrote:DoubleChecks wrote:
btw OP, when a lot of these ppl were talking about "being rich" in business, they mean like a mill or more a year...it is still quite reasonable/practical to be in the top 1-2% earning bracket of the US by graduating from a top law school
Reasonable? Top 2% these days is what, 200k? It's not really reasonable to expect to be making that much throughout your career coming out of law school unless it's HYSCCN.
Biglaw will pay you that much after aa couple of years, but many will leave before then. In house won't pay that much for a long time. AUSA doesn't pay that much. In fact, i'm not even sure it's reasonable outside of HYSCCN. It's certainly possible, not necessarily reasonable.
i said TOP law school..i meant HYSCCN for the most part...lol, and considering OP has a 3.98 GPA and a 165 near cold diag, ima go with those schools being realistic options for him
Even out of HYSCCN i'm not sure it's reasonable to expect to make that much. There just aren't enough jobs that make that much for an extended period of time. Even for all of those who get biglaw to begin with.
lulwut? if you factor in bonuses, thats like what, a 3rd yr at a biglaw firm? you're saying making the money of a 3rd yr at a biglaw firm is not reasonable or practical coming out of HYSCCN?
second, i never said extended period of time, but lets assume that anyways -- if you make a transition to in-house your 4th or 5th yr, whatevs, you'll take a pay hit. nevertheless, this varies GREATLY from firm to firm, and you'll have to keep in mind, a lot of the money goes into stock options now. you might now experience 5 yrs where you dont crack 200k...but that doesnt mean in-house lawyers coming from top firms never crack 200k again...in fact, id imagine many of them do (esp. after counting the stock options, etc.)
other ones that might go into other more lucrative jobs; some might even start their own small firms (even PI :O) or lateral into a mid or other biglaw -- these can also easily pay over 200k (with some having an even greater upside, though larger pay day = larger risk), etc. you might experience a dip in your early-mid 30s depending on your lifestyle/work choices coming out of a
top law firm, but you would have hit 200k+ before and it is quite reasonable/practical to expect yourself to hit it again